The Great Tax Wars
Lincoln to Wilson--The Fierce Battles over Money and Power That Transformed the Nation
The Great Tax Wars features an extraordinary cast of characters, including the men who built the nation's industries and the politicians and reformers who battled them -- from J. P. Morgan and Andrew Carnegie to Lincoln, T.R., Wilson, William Jennings Bryan, and Eugene Debs. From their ferocious battles emerged a more flexible definition of democracy, economic justice, and free enterprise largely framed by a more progressive tax system. In this groundbreaking book, Weisman shows how the ever controversial income tax transformed America and how today's debates about the tax echo those of the past.
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The Civil War Begins
"Money!" Abraham Lincoln exclaimed. "I don't know anything about 'money.'"
The President was typically modest, evasive and adept at feigning ignorance when he did not want to be pinned down. At a meeting with a delegation of New York bankers and financiers well into the Civil War, Lincoln fully understood that the United States needed money to save the Union. So did Lincoln's anxious Treasury Secretary, Salmon P. Chase. From the conflict's outset, the Union had had to fight while nearly broke. Chase's initial estimate after the taking of... see more